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RE: The benefits of inaction: a defense of a high SBD.

in #sbd7 years ago (edited)

I think the correct suggestion would be sell the SBD on the open market, take the dollars and buy when more STEEM than you would have been able to before. Converting directly to STEEM in the platform is just throwing money and Steem Power away.

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hi. good suggestion. but it not help to all. i think we should buy both steem and SBD. thanks for sharing your suggestion. What you think about my opinion? thanks.

I was responding to a comment about what to do if you already have SBD. Converting it now to STEEM on the internal market is a bad idea right now. You'll get 1 STEEM per 1 SBD. Use the external markets and you could get over 5x that of STEEM as of writing. That is what is most beneficial to a noob and to the platform since we want more STEEM powered up and they want more STEEM power.

I would not buy any SBD on the open market right now.

For publishing I would definitely use the 50:50 SBD and STEEM option which will maximize your ability to acquire STEEM through external markets.